The virtual card opened by the bank for the user is a virtual bank account opened by the bank for the user. This kind of virtual bank account does not have a physical card. Virtual credit card types are divided into virtual credit cards and virtual debit cards. Except that virtual credit cards cannot be swiped for consumption, other functions are no different from physical credit cards. Virtual debit cards are the same and can be paid using online banking or mobile banking. But virtual debit card limits are stricter than normal physical cards.

Advantages of virtual credit cards

1. Users only need to call the bank’s credit card customer service number to apply for a virtual credit card. All virtual card numbers, virtual card usage validity periods and virtual card security codes can be used;

The validity period and usage limit of the virtual card can be set according to the physical card;

3. The virtual card can be like Participate in various card swiping promotions like normal physical cards;

4. Users can open multiple virtual cards under the same physical card and use these virtual cards for certain consumptions, such as phone bills, Water, electricity, gas recharge or online shopping;

5. Multiple physical cards need to be repaid to each physical card separately, and multiple virtual cards only need to be repaid to the main card.